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Texas Roadhouse (TXRH) Is Up 1.90% in One Week: What You Should Know
Texas RoadhouseTexas Roadhouse(US:TXRH) ZACKSยท2024-10-28 17:01

Company Overview - Texas Roadhouse (TXRH) currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance expectations [4] Price Performance - TXRH shares have increased by 1.9% over the past week, while the Zacks Retail - Restaurants industry has decreased by 0.53% during the same period [6] - Over the last quarter, TXRH shares have risen by 12.79%, and they are up 91.77% over the past year, significantly outperforming the S&P 500, which has moved 7.91% and 40.48% respectively [7] Trading Volume - The average 20-day trading volume for TXRH is 662,892 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, 7 earnings estimates for TXRH have been revised upwards, while 2 have been revised downwards, leading to an increase in the consensus estimate from $6.32 to $6.38 [10] - For the next fiscal year, 7 estimates have moved upwards and 1 has been revised downwards, indicating positive earnings momentum [10]